TD Cowen analyst Jeffrey Osborne lowered the firm’s price target on Li-Cycle to $8 from $10 and keeps an Outperform rating on the shares. The analyst said November and Decmber black mass production was at the high of guidance as the company switched to a December fiscal year end. 2023 black mass production guide was below expectations due in part to feedstock supply.
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Published first on TheFly
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Read More on LICY:
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